Markets

Chalet Hotels Reports Strong Q1 FY27 Results Driven by Core Business Momentum and Margin Expansion
Chalet Hotels Reports Strong Q1 FY27 Results Driven by Core Business Momentum and Margin Expansion Mumbai | July 29, 2026: Chalet Hotels Limited announced its unaudited standalone and consolidated financial results for the first quarter of the fiscal year 2027 (Q1 FY27) ending June 30, 2026. The company reported strong growth across key segments, bolstered by robust margin expansion and an active development pipeline.Key highlights from Q1 FY27 include Total Income (ex-Resi) reaching INR 5,140 Mn, representing a 10% increase compared to Q1 FY26. EBITDA (ex-Resi) stood at INR 2,400 Mn, marking a 15% rise year-over-year. Furthermore, the EBITDA Margin (ex-Resi) expanded by 231 basis points to 46.7%. Consolidated PAT was reported at INR...
Acme Solar Holdings Reports Q1 FY27 Results, Showing ₹23 Billion Total Income as of June 30, 2026
Acme Solar Holdings Reports Q1 FY27 Results, Showing ₹23 Billion Total Income as of June 30, 2026 Acme Solar Holdings Limited, formerly ACME Solar Holdings Private Limited, has reported its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were reviewed by the company's Audit Committee and approved by the Board of Directors on July 29, 2026.The company’s standalone financial performance showed a total income of Rs. 23,582.75 million for the quarter. Revenue from operations stood at Rs. 22,663.06 million, comprising Rs. 22,413.46 million from EPC Contracts and Rs. 249.38 million from O&M Services. Total expenses were recorded at Rs. 20,960.09 million. Profit before taxes and...
IndoStar Capital Finance Reports Strong Growth in Q1 FY27; Disbursements Up 44% Amid Sector Expansion
IndoStar Capital Finance Reports Strong Growth in Q1 FY27; Disbursements Up 44% Amid Sector Expansion IndoStar Capital Finance Limited, a retail focused non-banking finance company (NBFC) registered with the Reserve Bank of India, announced its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results highlight robust operational growth across key lending segments and improved funding stability.The Company noted that its total disbursements reached INR 1,235 crore during the quarter, marking a significant 44% increase compared to Q1 FY26. Furthermore, the Asset under Management (AUM) stood at INR 8,244 crore as of June 30, 2026, reflecting a 6% growth over the same period in the previous...
Prestige Estates Projects Limited Reports Consolidated Financial Results for Quarter Ended June 30, 2026
Prestige Estates Projects Limited Reports Consolidated Financial Results for Quarter Ended June 30, 2026 Prestige Estates Projects Limited has announced its unaudited consolidated financial results for the quarter ending June 30, 2026. The company's Board of Directors approved the results, alongside Unaudited Standalone Financial Results, which detail performance across both the parent and various group entities.The consolidated figures reflect robust revenue generation, driven by a wide array of subsidiaries and joint ventures operating in the real estate development sector. For the quarter ending June 30, 2026, Prestige Estates Projects recorded total income of Rs. 28,356 million from operations.Key Financial Highlights...
Sarla Performance Fibers Limited Approves Final Dividend After Annual General Meeting
Sarla Performance Fibers Limited Approves Final Dividend After Annual General Meeting Sarla Performance Fibers Limited announced that its members approved a final dividend at the company's 33rd Annual General Meeting (AGM) held on July 29, 2026. The resolution declared a final dividend of Rs. 2/- per equity share, which has a face value of Rs. 1/- each.The decision was taken by an ordinary resolution at the AGM. This dividend payment pertains to the financial year ended March 31, 2026.Prior to the shareholder approval, the Board of Directors had recommended the said dividend in its meeting held on April 22, 2026.The company specified that the final dividend will be paid to those shareholders whose names appear in the Register of...
KEC International Limited Announces Details of Twenty-First Annual General Meeting and Dividend
KEC International Limited Announces Details of Twenty-First Annual General Meeting and Dividend KEC International Limited has announced key details regarding its forthcoming Twenty-First Annual General Meeting (AGM) for FY 2025-26, along with important timelines related to the proposed dividend. The meeting is scheduled to be held via Video Conferencing/Other Audio - Visual Means.The AGM of KEC International Limited will take place on Friday, August 21, 2026, at 11:00 a.m. (IST). Shareholders who are unable to receive the notice and Integrated Annual Report electronically can access these documents through the Company's website via the provided web-link or QR Code.Dividend and Payment Schedule The company has also confirmed details...
Waaree Energies Commissions 118.8 MW of Solar Power Facility in Neemuch Solar Park
Waaree Energies Commissions 118.8 MW of Solar Power Facility in Neemuch Solar Park Waaree Energies Limited has successfully commissioned a portion of its solar power project in Madhya Pradesh. The company announced that it managed to commission 118.8 MW, which is part capacity, of the total planned 170MW capacity for Unit 3 of its Solar Power Facility.The commissioning milestone was achieved on July 28, 2026. This facility is located at Neemuch Solar Park in Madhya Pradesh.WAAREEENER Stock Price Movement Today, Waaree Energies Limited shares edged higher to close at ₹2736.2, gaining 1.20%. The stock finished strong after trading on a high of ₹2751.2, with the total traded volume registering over 1.13 million shares today.
JK Cement Invests in Mehrauni Electro Power to Strengthen Renewable Energy Strategy
JK Cement Invests in Mehrauni Electro Power to Strengthen Renewable Energy Strategy JK Cement Limited has invested in Mehrauni Electro Power Private Limited (MEPPL) through a subscription of equity shares, aiming to significantly bolster its long-term renewable energy strategy. The investment is part of a wider initiative focused on sustainable power sourcing.The Company subscribed 49,08,750 Equity shares in MEPPL, contributing an aggregate amount of Rs. 4,90,87,500. These shares were acquired at a face value of Rs. 10 per share and represent 18.31% of the equity share capital of MEPPL following allotment. The transaction was completed using cash consideration.The investment aligns with the Company’s renewable energy goals, as MEPPL...
Zensar Technologies Reports Q1 FY27 Results: Revenue Reaches ₹15,083 Million Consolidated
Zensar Technologies Reports Q1 FY27 Results: Revenue Reaches ₹15,083 Million Consolidated Zensar Technologies Limited announced the results of its Board meeting held on July 29, 2026. The Board unanimously approved and recommended the Unaudited Financial results for the quarter ended June 30, 2026 (Q1 FY27), along with a Limited Review Report.The company presented both standalone and consolidated unaudited financial statements reflecting the performance of the Group during the quarter.Consolidated Performance Highlights For the quarter ended June 30, 2026, Zensar Technologies reported robust consolidated revenue figures. Total income stood at ₹15,656 Million, derived from a Revenue from operations of ₹15,083 Million and Other income...
EFC reports 29% Year-on-Year Revenue Growth in Q1 FY27; PAT Jumps 52% Driven by Enterprise Demand
EFC reports 29% Year-on-Year Revenue Growth in Q1 FY27; PAT Jumps 52% Driven by Enterprise Demand EFC (I) Limited, a Real Estate as a Service Company, reported robust financial performance for the quarter ending June 30, 2026. The company posted a 29% year-on-year growth in revenue and saw a significant leap in Profit After Tax (PAT), reaching 708.51 Million (Mn).The strong momentum was attributed to disciplined execution, sustained enterprise demand, and the effective implementation of its integrated operating model across leasing, Design & Build (D&B), and furniture solutions. The company operated across 25 cities and served over 780 clients during the quarter.Umesh Kumar Sahay, Chairman & MD of EFC (I) Limited, noted that our...
Quess Corp Reports Q2026 Results: Consolidated and Standalone Profits Rise Amid Litigation and Labour Code Accounting Adjustments
Quess Corp Reports Q2026 Results: Consolidated and Standalone Profits Rise Amid Litigation and Labour Code Accounting Adjustments Bengaluru — Quess Corp Limited announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company reported strong performance across both levels of reporting, while management addressed pending tax disputes and accounted for the implementation of New Labour Codes in its operations.The Board of Directors approved the results following the board meeting held on July 29, 2026. Both sets of results have been reviewed by statutory auditors, which provided a qualified conclusion based on the interim nature of the financial information.Financial Highlights (Q...
Power Grid Acquires Bhadla Ramgarh Power Transmission Ltd in Competitive Bidding
Power Grid Acquires Bhadla Ramgarh Power Transmission Ltd in Competitive Bidding Power Grid Corporation of India Limited has acquired Bhadla Ramgarh Power Transmission Limited following its selection as the successful bidder in a Tariff Based Competitive Bidding process on July 29, 2026. The acquisition concerns the Project SPV intended to establish an Inter-State Transmission system for Augmentation at Bhadla-III, Ramgarh PS, and Kanpur (UP), utilizing a build, own, operate, and transfer (BOOT) model facilitated by the Bid Process Coordinator, RECPDCL.The project involves carrying out augmentation and bay extension works across Bhadla-III S/S in Rajasthan, Ramgarh S/S in Rajasthan, and Kanpur S/S in Uttar Pradesh.Bhadla Ramgarh...
Niraj Cement Structurals IDC Deems Open Offer Fair As Acquirer Offers Rs 29 Per Share
Niraj Cement Structurals IDC Deems Open Offer Fair As Acquirer Offers Rs 29 Per Share The Committee of Independent Directors (IDC) of Niraj Cement Structurals Limited has recommended that the open offer for their shares is fair and reasonable. The recommendation relates to the acquisition by Gulshankumar Vijaykumar Chopra, wherein the company's equity was offered at a price of Rs 29.00 per share.The IDC released its opinion on July 28, 2026, stating that while the offer is deemed fair and reasonable, shareholders are advised to independently evaluate the Offer and make an informed decision regarding the matter. The open offer involves the acquisition of up to 15,520,529 equity shares of Niraj Cement Structurals Limited (Target...
ADF Foods Limited Reports Q1 FY2026 Unaudited Results: Total Income Reaches 16,838.46 Lakhs
ADF Foods Limited Reports Q1 FY2026 Unaudited Results: Total Income Reaches 16,838.46 Lakhs ADF Foods Limited has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following the approval of the results by its Board of Directors. The company reported strong performance across its business segments during the quarter.The consolidated figures show Total Income standing at 16,838.46 Lakhs. Cost of material consumed for the period was recorded at 4,232.79 Lakhs, while purchases of stock-in-trade amounted to 1,528.38 Lakhs.Key Financial Outcomes (Consolidated) The company reported a Profit Before Tax (PBT) of 2,348.71 Lakhs for the quarter ended June 30, 2026. After accounting for...
REC Subsidiary Sales: Power Grid and Terralight Secure Two Key Transmission Businesses
REC Subsidiary Sales: Power Grid and Terralight Secure Two Key Transmission BusinessesRECPDCL, a wholly owned subsidiary of REC Limited, has completed the transfer of shares for two project specific subsidiaries following a tariff based competitive bidding process. The transaction saw the sale of entire shareholdings—comprising 50,000 equity shares of each entity—along with all associated assets and liabilities on July 29, 2026.The sales involved Bhadla Ramgarh Power Transmission Limited and Shongtong Power Transmission Limited. The successful buyers for these businesses were identified during the competitive process.Power Grid Corporation of India Limited acquired Bhadla Ramgarh Power Transmission Limited (BRPTL). For this...
Acme Solar Reports Strong Q1 FY27 Results: Total Revenue Reaches INR 954 Cr, EBITDA Jumps 56% YoY
Acme Solar Reports Strong Q1 FY27 Results: Total Revenue Reaches INR 954 Cr, EBITDA Jumps 56% YoY Acme Solar Holdings Limited announced its strong performance for the first quarter of FY27, reporting a significant increase in revenue, profitability, and key operational milestones. The company recorded total revenue of INR 954 Cr, an improvement of 63% year-on-year (YoY). EBITDA rose by 56% YoY to INR 831 Cr, while Profit After Tax (PAT) increased by 80% compared to the previous year's quarter.The Q1 FY27 results highlighted several record and operational achievements for Acme Solar, including achieving its highest ever revenue and EBITDA for the quarter. The company also reached a quarterly Capacity Utilization Factor (CUF) of 30.9%...
Zensar Technologies Board Approves Merger of US Subsidiaries into Zensar Technologies Inc., USA
Zensar Technologies Board Approves Merger of US Subsidiaries into Zensar Technologies Inc., USA Zensar Technologies Limited's Board of Directors has granted in-principle approval for a significant merger involving two US-based step-down subsidiaries and its wholly owned subsidiary, Zensar Technologies Inc., USA.The decision was taken by the company’s Board of Directors at a meeting held on July 29, 2026. The merger involves Bridgeview Life Sciences LLC and M3BI LLC, which will be merged into Zensar Technologies Inc., USA, either directly or indirectly through the creation of a new entity.Following the completion of the merger, the Merging Entities are set to cease existing as step-down subsidiaries of Zensar Technologies Limited...
Care Ratings Assigns 'CARE A; Stable' for Long-Term Bank Facilities of JSW Subsidiary O2 Renewable Energy
Care Ratings Assigns 'CARE A; Stable' for Long-Term Bank Facilities of JSW Subsidiary O2 Renewable Energy Care Ratings Limited has assigned a credit rating of 'CARE A; Stable' for the long-term bank facilities of O2 Renewable Energy XXIV Private Limited, a step-down subsidiary of JSW Energy Limited. The rating was issued by Care Ratings on July 29, 2026.The assignment of the credit rating relates specifically to the long-term bank facilities extended to O2 Renewable Energy XXIV Private Limited.The development provides an update on the financial standing of the subsidiary within the company's operational structure, as reported by Care Ratings.JSWENERGY Stock Price Movement Today, shares of JSW Energy Limited edged higher to close...
ADF Foods Limited Approves Incorporation of Wholly Owned Subsidiary in Ireland for European Growth
ADF Foods Limited Approves Incorporation of Wholly Owned Subsidiary in Ireland for European Growth ADF Foods Limited has approved the incorporation of a wholly owned step down subsidiary in Ireland, designed to support and facilitate the Company’s planned growth initiatives within Europe. The Board of Directors reviewed and sanctioned the decision during a meeting held on Wednesday, July 29, 2026.The strategic move aims to bolster ADF Foods Limited's presence in the European market while facilitating ease of doing business in the region. This new entity will operate within the Processed Food Industry.ADF Foods Limited is establishing this subsidiary through a structured relationship where ADF Foods UK Limited, which is a wholly...
India Ratings Assigns 'IND A/Stable' Rating for JSW Renew Energy Twelve Limited Bank Loan Facilities
India Ratings Assigns 'IND A/Stable' Rating for JSW Renew Energy Twelve Limited Bank Loan Facilities India Ratings and Research (Ind-Ra) has assigned a credit rating to the bank loan facilities of JSW Renew Energy Twelve Limited, a step-down subsidiary of JSW Energy Limited. The rating assignment was made on July 29, 2026.The agency awarded the 'IND A/Stable' rating for the bank loan facilities supporting JSW Renew Energy Twelve Limited. This credit assessment provides details regarding the financial standing associated with these loans for the company.JSWENERGY Stock Price Movement Shares of JSW Energy Limited gained in trading today, closing at ₹545.70 after edging up by 0.28%. The company's stock saw a total traded volume...
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